S3 Capital Partners Provides $15.3M Acquisition Loan For Mixed-Use Properties In Chelsea & Greenwich Village
110 West 30th Street, New York City, New York 10001, United States
$15,300,000
$314/SF
Building Size
48,723 SF
Asset Type
Mixed-use
Closing
Mar 10, 2022
About this deal
AI
A mixed-use property located at 110 W. 30th St. in Chelsea and 215 Thompson St. in Greenwich Village has been involved in a recent closed transaction. The property spans an impressive 48,723 square feet, making it a valuable asset in the market.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $15,300,000
- Address: 110 W. 30th St. & 215 Thompson St.
- Market: Chelsea & Greenwich Village
- SF: 48,723
The lender for this acquisition deal was S3 Capital Partners, represented by Robert Schwartz and Steven Jemal. They provided a loan amount of $15,300,000 for the transaction.
To inquire about loan opportunities, interested parties can reach out to Steven Jemal at [email protected] as per the note from the lender.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Steven Jemal to view all their deals.
Browse New York mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93